OpenView Raises $570M Fund VII

OpenView, a Boston, MA-based venture capital firm, closed its seventh fund, at $570m.

The latest fund will continue the firm’s dedication to partnering with business software companies at the expansion stage.

Led by Scott Maxwell, Mackey Craven, and Blake Bartlett, the firm invests globally across all business software categories including infrastructure, applications, cybersecurity, and vertical software. Its focus extends to a dedicated expansion team with the operational expertise to help portfolio companies on sales, marketing, product-led growth, talent, and corporate development. OpenView has already begun investing out of Fund VII.

Since its founding in 2006, the firm has raised a total of $2.4 billion across its seven funds and has partnered with more than 60 companies including Datadog, Calendly, Axonius, JumpCloud, UserTesting, and Workfront, among others. 

FinSMEs

27/03/2023